Porcupine Freedom Festival | |
---|---|
Venue | Roger's Campground |
Location(s) | Lancaster, New Hampshire |
Country | United States |
Founded | 2004 |
Most recent | June 19–25, 2023 |
The Porcupine Freedom Festival, commonly known as PorcFest, is an event held annually every June since 2004 in the U.S. state of New Hampshire. The festival is the main event held by the Free State Project, a libertarian organization that advocates for the relocation of libertarians to New Hampshire in order to make the state a stronghold for their movement. The festival has been described as "the libertarian version of Burning Man" [1] and "the largest gathering of libertarians in the world". [2] The festival on average hosts approximately 1,500 attendees. [3]
The Free State Project originated from a 2001 essay by then-Yale University student (and later lecturer at Dartmouth College) Jason Sorens. The idea behind the project is to get 20,000 libertarians to move to New Hampshire, a state with a low population where a group of that size could yield significant political influence. [1] By 2014, about 1,500 libertarians had already moved to the state, and several "Free Staters" have been elected to the state government, including Andrew Prout of the New Hampshire House of Representatives. [4] The Free State Project hosts two annual events in the state: The New Hampshire Liberty Forum, a convention-style event, and the Porcupine Freedom Festival, which is a weeklong event held at a campground in Lancaster, New Hampshire. [5]
The festival began in 2004, [6] one year after New Hampshire was selected as the target state for the Free State Project. [5] [7] The festival is named after the porcupine, which serves as a mascot for the Free State Movement. [7]
The festival is known for its embrace of cryptocurrencies and precious metals over Federal Reserve Notes, [8] as most vendors accept cryptocurrencies such as Bitcoin, Bitcoin Cash, and Dogecoin. [1] In 2013, Vitalik Buterin, the creator of the cryptocurrency Ethereum, attended the 2013 PorcFest along with Erik Voorhees, an early embracer of Bitcoin and a member of the Free State Project. [9] A 2011 episode of Planet Money discussed the prevalence of forges at the festival for the purposes of working precious metals (silver in the case of the episode) into smaller units for sales transactions. [10]
The event in 2020, held during the COVID-19 pandemic, [11] attracted over 1,000 attendees. [12] Jeffrey Tucker of the American Institute for Economic Research gave a presentation at the festival wherein he argued against the COVID-19 lockdowns. [11]
The event in 2021, for the first time since 2004, was a sold out event. [13] [14] It sold out again in 2022. [15]
The Free State Project (FSP) is an American political migration movement founded in 2001 to recruit at least 20,000 libertarians to move to a single low-population state in order to make the state a stronghold for libertarian ideas. The New Hampshire Union Leader reports that the Free State Project is not a political party but a nonprofit organization.
Lancaster is a town located along the Connecticut River in Coös County, New Hampshire, United States. The town is named after the city of Lancaster in England. As of the 2020 census, the town population was 3,218, the second largest in the county after Berlin. It is the county seat of Coos County and gateway to the Great North Woods Region of the state. Lancaster, which includes the villages of Grange and South Lancaster, is home to Weeks State Park and the Lancaster Fair. Part of the White Mountain National Forest is in the eastern portion. The town is part of the Berlin, NH−VT Micropolitan Statistical Area.
Jeffrey Albert Tucker is an American libertarian writer, publisher, entrepreneur and advocate of anarcho-capitalism and Bitcoin.
The New Hampshire Liberty Forum is an annual convention-style conference hosted by the Free State Project. It has attracted attendees such as U.S. presidential candidates, a sitting U.S. senator, a sitting U.S. representative, state legislators, well-known businesspersons, entrepreneurs, and numerous policy institutes.
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It is a decentralized system for verifying that the parties to a transaction have the money they claim to have, eliminating the need for traditional intermediaries, such as banks, when funds are being transferred between two entities.
Litecoin is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase. The practical effects of those codebase differences are lower transaction fees, faster transaction confirmations, and faster mining difficulty retargeting. Due to its underlying similarities to Bitcoin, Litecoin has historically been referred to as the "silver to Bitcoin's gold." In 2022, Litecoin added optional privacy features via soft fork through the MWEB upgrade.
Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work. It is the largest cryptocurrency exchange in the United States by trading volume. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam. In May 2020, Coinbase announced it would shut its San Francisco, California headquarters and change operations to remote-first, part of a wave of several major tech companies closing headquarters in San Francisco in the wake of the COVID-19 pandemic.
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a "joke", making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first "meme coin", and more specifically the first "dog coin". Despite its satirical nature, some consider it a legitimate investment prospect. Dogecoin features the face of the Shiba Inu dog from the "doge" meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a peak market capitalization of over US$85 billion on May 5, 2021. As of 2021, it is the sleeve sponsor of Watford Football Club.
Vitaly Dmitrievich Buterin, better known as Vitalik Buterin, is a Russian-Canadian computer programmer, and co-founder of Ethereum. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. In 2014, Buterin deployed the Ethereum blockchain with Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin.
Ethereum is a decentralized blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-source software.
A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Since each block contains information about the previous block, they effectively form a chain, with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
Monero is a cryptocurrency which uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories.
Jason Sorens is a Senior Research faculty member for the American Institute for Economic Research also known as, AIER. Previously, Sorens served as director of the Center for Ethics in Society at St. Anselm College and prior to his work with St. Anselm, Sorens was a lecturer in the department of government at Dartmouth College. He has been an affiliated scholar with the Mercatus Center at George Mason University since 2008. His primary research interests include fiscal federalism, public policy in federal systems, secessionism, and ethnic politics. Sorens received his B.A. in economics and philosophy, with honors, from Washington and Lee University and his PhD in political science from Yale University. He is the founder of the Free State Project and president of Ethics & Economics Education of New England, an effort to boost ethical and economic literacy in New England through programs for high schoolers, opinion leaders, and the general public.
Carla Gericke is an author, activist, and attorney. Born in South Africa, she immigrated to the United States in the 1990s after winning a green card in the Diversity Visa Lottery. She became a U.S. citizen in 2000. Gericke practiced law in South Africa, and California, working at Apple Computer, Borland, Logitech, and Scient Corporation. Gericke is President Emeritus of the Free State Project. In 2014, she won a landmark First Circuit Court of Appeals case that affirmed the First Amendment right to film police officers. That same year, she was named one of New Hampshire Magazine's "2014 Remarkable Women" In 2016, Gericke ran as a Republican for New Hampshire State Senate in District 20 against Democrat Lou D'Allesandro, garnering 40% of the vote in the general election. In 2018, after a successful recount on a write-in campaign on the Libertarian Party's ballot, she ran as a fusion Republican/Libertarian candidate and received 42% of the vote, up two percentage points in a year when District 20 swung 12–15% left due to the "Blue Wave." In 2020, Gericke ran again against D'Allesandro in District 20 and again lost, this time by a vote tally of 13,548 to 10,479, or approximately 56–44%.
Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has five subsidiaries: CoinDesk, Foundry, Genesis, Grayscale Investments, and Luno.
Ethereum Classic is a blockchain-based distributed computing platform which offers smart contract (scripting) functionality. It is open source and supports a modified version of Nakamoto consensus via transaction-based state transitions executed on a public Ethereum Virtual Machine (EVM).
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA.
A cryptocurrency bubble is a phenomenon where the market increasingly considers the going price of cryptocurrency assets to be inflated against their hypothetical value. The history of cryptocurrency has been marked by several speculative bubbles.
Keith Ammon is an American politician. He is a member of the New Hampshire House of Representatives, representing the Hillsborough 40th District from 2014 to 2018 and re-elected in 2020.
Jeremy Kauffman is an American entrepreneur and political activist known for founding and leading the blockchain-based filesharing project LBRY. Kauffman is also known as a vocal supporter and activist within the Free State Project (FSP) and a former board member. The FSP is a movement designed to get libertarians to move to the state of New Hampshire. Kauffman was the Libertarian nominee in the 2022 United States Senate election in New Hampshire, losing to Democrat Maggie Hassan.